Knife River Corporation (KNF)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,476,080 | 1,266,010 | 1,027,460 | 952,844 | — |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | — |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,476,080K)
= 0.00
Based on the provided data, Knife River Corporation's debt-to-capital ratio has shown a consistent trend of 0.00% from December 31, 2021, to December 31, 2024.
A debt-to-capital ratio of 0.00% indicates that Knife River Corporation has not used any debt to finance its operations during these periods. This can be seen as a positive sign as it shows that the company is not heavily reliant on debt for its capital structure.
Additionally, a debt-to-capital ratio of 0.00% suggests that Knife River Corporation has a strong financial position with a high proportion of equity in its capital structure. This may imply that the company has lower financial risk and may have more flexibility in managing its operations and growth strategies without the burden of significant debt obligations.
Overall, based on the consistent 0.00% debt-to-capital ratio displayed over the years, Knife River Corporation seems to be managing its capital structure effectively by maintaining a low level of debt relative to its total capital, potentially indicating a stable and healthy financial position.
Peer comparison
Dec 31, 2024